CAPELLA HOTEL GROUP LEADS LUXURY HOSPITALITY INTO THE DIGITAL AGE WITH ACCEPTANCE OF DIGITAL PAYMENT TOKENS
In an industry-leading move, Capella Hotel Group announces the acceptance of Digital Payment Tokens (DPTs) at its flagship properties, Capella Singapore and Patina Maldives, Fari Islands. |
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CAPELLA HOTEL GROUP LEADS LUXURY HOSPITALITY INTO THE DIGITAL AGE WITH ACCEPTANCE OF DIGITAL PAYMENT TOKENS
In an industry-leading move, Capella Hotel Group announces the acceptance of Digital Payment Tokens (DPTs) at its flagship properties, Capella Singapore and Patina Maldives, Fari Islands. |
Category: Worldwide - Industry economy
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- Trends / Expert's advice - What's new?
This is a press release selected by our editorial committee and published online for free on 2024-10-08
As a leader in luxury hospitality, Capella Hotel Group recognises the growing demand for this as a secure and convenient payment option, and has partnered with dtcpay, a Singapore-based DPT payment service provider licensed by the Monetary Authority of Singapore, to enable guest transactions without any risk of price volatility.
Guests at Capella Singapore can now effortlessly complete transactions by scanning a QR code on a dtcpay terminal at the front desk during check-in or check-out using their preferred wallets. The hotel is currently accepting payments for all charges to the room that may be settled on check-out.
For those staying at the idyllic Patina Maldives, Fari Islands, payments can be made through a secure link, ensuring a frictionless experience that matches the serenity of their surroundings.
In partnership with dtcpay, the properties currently accept WUSD (Worldwide USD), USDT (Tether), USDC (USD Coin), Bitcoin (BTC) and Ethereum (ETH). Guests paying with these digital payment tokens can benefit from swift, secure transactions and the convenience of avoiding currency conversions for international payments.
With over 560 million people globally owning digital currencies, the group's adoption of digital payment tokens will appeal to and open up a new segment of travellers. Operationally, this initiative helps reduce the time to settle and promotes a seamless customer experience.
Cristiano Rinaldi, President of Capella Hotel Group, says, "We are proud to be the one of the first Singaporebased hotel groups to accept digital payment tokens, testifying to our commitment to innovation and unparallelled service. With our guests at the centre of all we do, it was natural for us to constantly find solutions that are in step with their evolving preferences. This is just the beginning of our journey into the world of digital assets, and we look forward to exploring more innovative ways to enhance the guest experience through technology."
"By integrating digital payment tokens, we're not only enhancing convenience but also significantly boosting operational efficiency. This technology allows for fast, secure transactions, reducing the complexities often associated with international payments. It's a win-win for our guests and our operations. We will continue to include more Capella and Patina properties for this initiative.”
About Capella Hotel Group
Capella Hotel Group is a leading hospitality management company specialising in luxury hotels, resorts, and serviced residences. Based in Singapore, the rapidly expanding group has two brands under its portfolio and properties across eight destinations. The award-winning Capella Hotels and Resorts is renowned for its service excellence, crafted luxury design and immersive experiences celebrating the locale, while Patina Hotels & Resorts is the group’s modern luxury lifestyle brand, designed for progressive travellers with a creative mindset and penchant for sustainability.
Capella Hotels and Resorts was named the #1 Best Hotel Brand in the world in Travel + Leisure’s 2023 and 2024 World’s Best Awards.
About dtcpay
dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow their revenues with higher acceptance rates for Fiat and cryptocurrency transactions. Our clients’ customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout. Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services. Learn more at dtcpay.com.
About Capella Hotels and Resorts
The Capella Hotels and Resorts constellation consists of properties located in Singapore, Sydney, Ubud, Bangkok, Hanoi, Shanghai, and Hainan. Future openings include exciting destinations such as Taipei, Kyoto, Riyadh, Nanjing, Shenzhen and South Korea. The exceptional hospitality brand, taking its name from the brightest star of the Auriga constellation, shines a spotlight on local heritage, culture and community whilst crafting authentic guest experiences with the highest level of personalised service and combining a legacy of thoughtful design.
Capella was named the Best Hotel Brand in the Travel + Leisure ‘World’s Best Awards’ for 2023 and 2024. Capella Bangkok and Capella Singapore earned the distinction of being included in The World’s 50 Best Hotels in 2023 and 2024, with Capella Bangkok named The World’s Best Hotel and Asia’s Best Hotel in 2024. Capella Hotels and Resorts is a member of GHA DISCOVERY, a multi-brand loyalty programme representing a collection of 40 independent hotel brands over 100 countries worldwide
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